{"id":13250,"date":"2025-10-13T14:42:24","date_gmt":"2025-10-13T14:42:24","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ripple-puts-xrpl-lending-protocol-to-the-test-with-immunefi\/"},"modified":"2025-10-13T14:42:28","modified_gmt":"2025-10-13T14:42:28","slug":"ripple-puts-xrpl-lending-protocol-to-the-test-with-immunefi","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ripple-puts-xrpl-lending-protocol-to-the-test-with-immunefi\/","title":{"rendered":"Ripple puts XRPL Lending Protocol to the test with Immunefi"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ripple and Immunefi have launched a $200,000 \u201cAttackathon\u201d to test and secure the upcoming XRPL Lending Protocol.<\/p>\n<div id=\"cn-block-summary-block_d97fb0b27983bd5d05b53bfe3c91aefd\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ripple partnered with Immunefi to test the security of the XRPL Lending Protocol<\/li>\n<li>Two organizations will launch $200,000 \u201cAttackathon\u201d to test the security of the protocol<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Lending protocols are historically high-value, high-risk targets in DeFi. On Monday, Oct. 13, Ripple and Immunefi launched a $200,000 \u201cAttackathon\u201d to test and secure the upcoming XRPL Lending Protocol. This protocol is a key part of XRP Ledger\u2019s expanding DeFi roadmap.<\/p>\n<p>The initiative will invite global security experts to identify vulnerabilities in the protocol before it goes live. Experts who find critical vulnerabilities will receive bounties from the $200,000 rewards pool. The program is currently in its training phase, with active bug hunting set for Oct. 27 to Nov. 29.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis initiative not only strengthens XRPL\u2019s infrastructure but also reinforces Immunefi\u2019s mission to protect the most critical ecosystems in Web3,\u201d said Mitchell Amador, CEO and Founder of Immunefi, adding that it leverages \u201cthe expertise of the world\u2019s best security researchers.\u201d <\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">XRPL Lending Protocol key to Ripple\u2019s DeFi pivot<\/h2>\n<p>The goal of the hackathon is to stress test the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/github.com\/XRPLF\/XRPL-Standards\/discussions\/190\" target=\"_blank\" rel=\"nofollow\">XRPL Lending Protocol<\/a> before launch, reducing the risk of critical failures. It also aims to build confidence in a protocol that will form the backbone of the XRPL\u2019s DeFi ecosystem. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis initiative is about making sure the proposed Lending Protocol is thoroughly tested and resilient before launch, so developers and institutions can build with confidence. Partnering with Immunefi allows us to work with some of the top security researchers to help strengthen this new layer of XRPL\u2019s DeFi infrastructure,\u201d said Jasmine Cooper, Head of Product at RippleX.<\/p>\n<\/blockquote>\n<p>XRP, the smart-contract-enabled section of the Ripple (XRP) ecosystem, is known for its speed and cheap transactions. However, it has so far not supported lending, a key element in DeFi. This is what the XRPL Lending Protocol aims to enable. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple and Immunefi have launched a $200,000 \u201cAttackathon\u201d to test and secure the upcoming XRPL Lending Protocol. Summary Ripple partnered with Immunefi to test the security of the XRPL Lending&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13250"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13250\/revisions"}],"predecessor-version":[{"id":13251,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13250\/revisions\/13251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1359"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}